DEUR News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E571 From 10/15/20

Led by a 2% drop in Hong Kong, Asia-Pacific equities tumbled, with the exception of Australia. The Dow Jones Stoxx 600 is off for a third day, but the nearly 2.2% decline is the largest drop since September 21. US shares are also lower. The dollar is gaining across the board. ...

EUR/NZD has been consolidating over the past few weeks. The euro remains stronger against the U.S. dollar this year, as does the New Zealand dollar. However, while EUR has found appeal as an even closer competitor to USD (as a world reserve currency), NZD is exposed to plenty of risks...

In China, the September surplus fell to $37 bln from almost $59 bln. The median forecast in the Bloomberg survey was for a $60 bln surplus. European stocks are struggling a bit, and the consolidative tone is threatening to end the three-day advance. The US reports September CPI. T...

The US dollar fell against most of the world's currencies last week and looks poised to move lower in days ahead. Some participants expect the increase in long-term rates to be supportive of the dollar, but most are bearish the greenback, and the consensus forecasts reflect this attit...

As a recent standout in currency markets, the Invesco CurrencyShares Euro Trust ETF has gained nearly 10% since March 20th, 2020. But these types of short-term gains can also have their consequences, and the ECB might be forced to delay normalization in interest rate policy. Since...

Chinese markets re-opened with a bang. Shanghai led the Asia Pacific bourses higher with a 1.7% gain, and the onshore yuan rose 1.1%. Gold has rallied more than 1% today to about $1916, putting it within striking distance of the week's high set on October 6 near $1921. For furth...

Japan reported a larger than expected balance of payments surplus in August of JPY2.1 trillion. Within it, the trade surplus rose to JPY413 bln, the largest since March. The RBNZ recognized that its dual mandate on inflation and employment is elusive and would not be met for at least ...

President Trump's tweet announced that negotiations with the House Democrat leadership had collapsed, and there will be no further talks until after the election. Many economists had been removing it from their Q4 GDP projections, but the market was caught wrongfooted. Risk came off. ...

Market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday's gains, but other markets are heavier. he dollar initially extended its loss but recovered after several key chart points were tested, including $1.18 in the euro, $1.30 in sterling, and $0.7200 in the...

The Swiss franc has continued to strengthen in 2020, with both GBP/CHF and EUR/CHF weaker as compared to the year's opening prices. The strength of the Swiss franc is a threat to the Swiss economy, as it makes Swiss exports less competitive. Lowering the SNB's short-term interest ...